Net present value method $-$ annuity

Jones Excavation Company is planning an investment of $$344,600$ for a bulldozer. The bulldozer is expected to operate for $2,000$ hours per year for $8$ years. Customers will be charged $5135$ per hour for bulldozer work. The bulldozer operator costs $$37$ per hour in wa$$es and benefits. The bulldozer is expected to require annual maintenance costing $520,000.$ The buldozer uses fuel that is expected to cost $$48$ per hour of bulldozer operation.

Present Value of an Annuity of $$1$ at Compound Interest

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